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Property profile & analytics
FOR SALE
Retail space

107 E Main St Jonesborough, TN 37659

6,006 SF 38 ac lot Built 1900
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-1730891
Property summary
AI-generated overview

Lampson Hall, a stunning three-story building (6,006 square feet) located at 107 E Main St, Jonesborough, TN 37659, presents a premium business opportunity in the heart of Tennessee's oldest town. Built in 1871 and extensively renovated in 2013, this property seamlessly blends historic charm with modern amenities. The main level (3,003 sq ft) features a commercial kitchen, gas log fireplace, built-in bar, two half baths, and a separate space currently operating as a coffee shop. The second floor (also 3,003 sq ft) offers versatile space, currently divided into three income-producing areas, but easily adaptable to a single large space. This level includes multiple offices/conference rooms, a full bath, a half bath, two fireplaces, and a commercial warming kitchen (approved by the town). The building boasts exposed brick walls, original hardwood floors, and a functioning original dumbwaiter. Three exterior entrances provide convenient access to both levels. The property includes three designated parking spaces in a rear lot. Recent updates include a new metal roof (2020) and replacement back steps (2023). This exceptional property, zoned B2, is listed at $1,995,000 ($332.17/sq ft) and is ideal for a variety of uses, including a pub/tavern, restaurant, event venue, retail space, or office space. Located in a thriving area recently highlighted in Southern Living Magazine and ranked among the best places to live by USA Today, this is a truly unique investment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 6,006 SF
Lot 38 ac (1,655,280 SF)
Zoning code HB-2
APN 060A E 02100
UPID US80-1730891
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • East Tennessee Hemp Company Alternative Medicine Practice
  • Tea Pad Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$623k
Blend (final) Blend
$620k
Owner & transaction history
Board Of Mayor & Aldermen Of Jonesb · 1 yrs held
Board Of Mayor & Aldermen Of Jonesb
since 2025
Last sale
$650,000
7 recorded transactions
2025
Price N/A
2023
$650,000
2023
Price N/A
2020
$725,000
2020
Price N/A
2013
Price N/A
2012
Price N/A
Zoning & alternative use
HB-2 · Jonesborough, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $785,000 +37.6%
Commercial (general) $650,000 +13.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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